Comparison

Comparison - Secured & Unsecured Loans

Name Govt. Bank - Secured Pvt. Bank - Secured Pvt Bank - Unsecured NBFCs - Secured & Unsecured
Rate Of Interest - As on
01st April, 2025
9.20-10.50% 10.25-10.50% 11.25-12.75% 12-12.75%
Legal & Technical Charges Yes No N.A. N.A.
Processing Fees Fixed 0.5-1.25% of Loan Amount 0.5-1.25% of Loan Amount 0.5-1.25% of Loan Amount
Loan Insurance Yes Yes Yes Yes
Travel Insurance No Yes Yes Yes
Property Insurance Yes No N.A. N.A.
Registered Mortgage Charges Yes Yes N.A. N.A.
Interest to be paid during moratorium (Master's Courses) Optional Yes - Partial Interest Yes - Partial Interest Yes - Partial Interest
Interest to be paid during moratorium (Bachelor's Courses) Optional Full EMI Full EMI Full EMI